2-bedroom terraced house · EX16 5LQ
Listing removedListed 121 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A recently renovated, two bedroom, semi-detached cottage located conveniently close to Tiverton town centre. EPC Rating E. Council Tax Band B.
A charming two bedroom semi-detached cottage tucked away in this quiet location, yet just a short walking distance of Tiverton town centre.
The property has been fully redecorated and re-carpetted throughout.
The property accommodation comprises; Entrance Hall providing access to; Cloakroom; brand new fitted kitchen with integrated oven/hob & Pantry; Dining Room/Office; Sitting Room with front aspect and woodburning stove; Brand new fitted shower room; stairs rising to the first floor and two bedrooms.
EPC Band E. Council Tax Band B. Electric Heating.
For Wifi: Highest available download speed: 80 mbps Highest available upload speed: 20 mbps A Holding Deposit equivalent to one weeks rent (£201) is applicable.
This payment will be deducted from the first month’s rent or paid back to the tenant via bank transfer once referencing has been completed and a tenancy start date agreed.
Please see our terms and conditions for more details.
The holding deposit is non-refundable if the tenancy does not go ahead due to the tenants providing false or misleading information, withdrawing their application or failing the right to rent check.
Details will be put in writing to the tenants within 7 days of the application not proceeding.
Additional fees which may apply; • Late payment of rent: 3% above the Bank of England base rate which, after 14 days of non-payment, can be backdated to the day the rent was due.
• Any keys or security devices that are lost or broken by the tenant during the tenancy will be chargeable to the tenant.
• Any alternations/variations to the tenancy agreement and made at the tenant’s request: £50. All charges are inclusive of VAT.
A property cannot be held in reserve until all relevant monies have been paid.
Leat Street is situated close to the centre of Tiverton which provides an excellent range of shopping, banking, recreational, healthcare and educational facilities, with easy commuting via the North Devon Link Road either to the north coast via Barnstaple or eastward back to the M5 (J27) and Parkway mainline railway station.
Exeter lies to the south and Taunton to the north, both offering a varied and comprehensive range of facilities. To the front of the property, there is a garden laid to lawn with a cobbled pathway.
There is alao an outbuilding with ample storage as well as space and plumbing for a washing machine.
Entrance Hall with tiled flooring; providing access to; Cloakroom with WC and wash hand basin Kitchen with matcing range of base and drawer units; electric cooker; stainless steel sink unit; and Pantry Dining Room with dual aspect Sitting Room a large reception room with front aspect; fireplace with inset wood burning stove; under stairs storage cupboard Bathroom with bath; pedestal wash hand basin; seperate shower cubicle and storage cupboard Stairs rising to the first floor Bedroom 2 a large single room with feature fireplace Bedroom 1 a large double bedroom with front aspect and feature fireplace
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Harmony Place, Leat Street, Tiverton, Devon, EX16
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